Freedom Bank Underwrites First-Ever Appraisal-Based Loan Using Appraisal Software From FinTech Partner BizEquity
Appraisal software promotes appraisal-based lending for a forward-thinking banking partner, powered by the BizEquity platform
PHILADELPHIA CREAM, December 7, 2021 / PRNewswire / – Just two months after Freedom Bank partnered with valuation technology leader BizEquity and launched its business valuation loan product, the Virginia-a based bank takes out its first loan using BizEquity’s valuation technology.
Appraisal software promotes appraisal-based lending for a forward-thinking banking partner, powered by the BizEquity platform
BizEquity’s cutting-edge valuation software, combined with Freedom Bank’s vast array of unique banking services, is disrupting what were previously considered âtraditionalâ industries in the financial world – and they’re just getting started.
âJoe’s vision for helping business owners get real credit for the businesses they’ve built aligns with our mission to help businesses around the world gain access to capital and better financial planning by. understanding the value of their business in real time. We are proud to be able to fund the first ever business valuation based loan with Freedom Bank. ”
– Michael M. Carter Founder and CEO, BizEquity
Freedom Bank is committed to helping entrepreneurs succeed and we are now excited to offer the BizEquity tool to help business owners know and grow their value. Our clients use the platform to identify metrics to enhance their value and leverage the valuation provided to leverage funding to fuel future growth. This was the case with Ridge Capital Partners, who chose Freedom because of our innovative solution which was made possible by BizEquity valuation technology.
– Joseph thomas, President and CEO, Freedom Bank
About BizEquity
BizEquity is the leading fintech software company created to democratize business valuation knowledge for all businesses globally. BizEquity has created the largest cloud-based online business valuation software product and service and the most business valuation data on businesses in the market today. BizEquity’s patented platform is distributed by leading financial services companies such as TD Bank; UBS; PNC; Mutual of the North-West; Fair; Goldman Sachs and over 750 other financial services companies and over 4,000 advisors. BizEquity was acquired by ACBJ in 2019 and is now able to provide financial services companies with support to better reach business owner clients to help them discover their value.
More information can be found at www.BizEquity.com.
About the Freedom Bank
Freedom Bank (OTCQX: FDVA) is a new generation community bank, headquartered in Fairfax, Virginia, offering commercial banking, personal banking and mortgage banking solutions using the expertise of bankers and innovative technology to establish privileged relationships with clients. Focusing on businesses, property owners and professionals, Freedom Bank focuses on key verticals to deliver unique and industry-specific solutions to help clients achieve their goals and fulfill their dreams. The Liberty Bank had total assets of $ 846.6 million to September 30, 2021, and sales offices at Fairfax, Vienna, Rest on, Manassas, and Chantilly, Virginia. Freedom Bank’s Mortgage Division is headquartered in Chantilly, Virginia and Freedom Bank’s Small Business Lending Division is headquartered in Harrison, New York State. For more information on Freedom Bank visit our website at www.freedom.bank.
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